Founded in 2014, Baxi provides a cash-in/cash-out offering as well as value-added services – account opening, money transfer, bill payment and more, through its network of more than 90,000 agents.
MFS Africa, which acquired East African payments management startup Beyonic in 2020, plans to build Baxi into a key node on its digital payment network, allowing customers to make regional and global payments to and from Nigeria.
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